#TipEducativo_vc
US Moves Firmly Toward a Regulated Era for Stablecoins: Senate Passes GENIUS Act
With 68 votes in favor and 30 against, the United States Senate has approved the GENIUS Act (Guiding and Establishing National Innovation for US Stablecoins Act), becoming the most ambitious legislation to date in the field of digital assets. The bill now moves to the House of Representatives, where its fate could redefine the US's role in global financial leadership.
This law establishes for the first time a federal regulatory framework for stablecoin issuers, seeking clarity, legitimacy, and security for both consumers and innovators in the sector.
✅ Full backing in US dollars or equivalent liquid assets, guaranteeing stability and solvency.
✅ Mandatory audits for issuers with capitalization greater than $50 billion USD.
✅ Restrictions on non-financial companies wishing to issue stablecoins unless they meet strict regulatory standards.
✅ Centralized oversight by the Department of the Treasury and the Securities and Exchange Commission (SEC).
President Trump has expressed his unconditional support, calling it “a crucial step to ensure the digital dollar remains competitive against the digital yuan and other currencies backed by authoritarian governments.”
Lawmakers in the House are debating differences with the “STABLE Act,” an alternative proposal that has support in more progressive sectors of Congress. Pressure from financial institutions, technology companies, and the Web3 sector has not been long in coming, as the approval or rejection of this law will directly influence the development of new payment platforms, asset tokenization, and the expansion of the digital economy.
💬 What do you think of this legislative development? Do you think it is the right direction or a threat to decentralization?
#GENIUSLaw#Stablecoins
